Kirkwood R-VII School District Awards Financial Services Contract to Bank of America Merrill Lynch (June 2021)
Kirkwood R-VII School DistrictSchool · Kirkwood, MO- Disclosed value
- Principal $56,220,000; bond premium $5,478,936; Good Faith Deposit $1,151,700
- From agenda
- Awarded
- Jun 28, 2021
The 30-second brief
Kirkwood School District awarded the underwriting of its Prop R bond sale to Bank of America Merrill Lynch following a competitive process involving nine interest rate quotes. The issuance included $56.22 million in principal plus a $5.48 million premium, with proceeds funding construction projects over the next two fiscal years.
Bank of America Merrill Lynch holds this financial services contract with Kirkwood R-VII School District. Its other public contracts on record include work for Colonial Heights City Public Schools and City of Rochester Hills.
Term as filed: Prop R bond issuance concluded May 20, 2021 with closing on June 1, 2021.
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Contract details
- Contract type
- Financial Services
- Amount
- Principal $56,220,000; bond premium $5,478,936; Good Faith Deposit $1,151,700
- Document date
- June 28, 2021
- Term
- Prop R bond issuance concluded May 20, 2021 with closing on June 1, 2021
- Source document
- kirkwood_school_district_board_meeting_agenda_june.pdf (Agenda)
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Questions about this contract
Who was awarded the financial services contract by Kirkwood R-VII School District?
Bank of America Merrill Lynch was awarded this financial services contract by Kirkwood R-VII School District, as recorded on June 28, 2021. The contract value is Principal $56,220,000; bond premium $5,478,936; Good Faith Deposit $1,151,700.
How much is the Bank of America Merrill Lynch contract with Kirkwood R-VII School District worth?
The Bank of America Merrill Lynch contract with Kirkwood R-VII School District is valued at Principal $56,220,000; bond premium $5,478,936; Good Faith Deposit $1,151,700, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in kirkwood_school_district_board_meeting_agenda_june.pdf (Agenda), dated June 28, 2021 from Kirkwood R-VII School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America Merrill Lynch hold?
Bank of America Merrill Lynch may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Kirkwood R-VII School District currently buying?
Explore Kirkwood R-VII School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.